On May 3, 2025, in Thailand, the Management Board of the Dung Quat Refinery Upgrade and Expansion Project (DQRE) - a branch of Binh Son Refining and Petrochemical Joint Stock Company (BSR) - officially received the adjusted Front - End Engineering Design (FEED) package and the total construction cost estimate for the Dung Quat Refinery Upgrade and Expansion Project. The documents were handed over by contractor Foster Wheeler (Thailand) Limited (a member of the UK - based Wood Group).

Binh Son Refining and Petrochemical Joint Stock Company (HoSE: BSR) posted positive business results for the first quarter of 2025, with revenue reaching nearly VND 32 trillion. The performance underscores the company's strong management capabilities and adaptability amid market volatility, reinforcing its role as a leading player in Vietnam's oil refining and petrochemical industry.

On April 23, Binh Son Refining and Petrochemical Joint Stock Company (BSR) held the 2025 Annual General Meeting (AGM), presenting the business performance results for 2024 and the plan and tasks for 2025 in an online format.

In the context of slow global economic growth, sharply declining energy demand, and complex geopolitical tensions, the global oil refining industry faced significant challenges in 2024. Binh Son Refining and Petrochemical Joint Stock Company (BSR) is no exception. However, instead of simply reacting to the situation, BSR took the chance to improve its internal strength, adjust its strategy flexibly, and gradually turn challenges into new opportunities for growth.

On April 21, 2025, the production counter at Dung Quat Refinery officially recorded a cumulative total of 100 million tons of finished products since the plant commenced commercial operations in 2009. This historic milestone marks a significant achievement in the sustained growth journey and demonstrates the long-term production capability and operational excellence of Binh Son Refining and Petrochemical Joint Stock Company (BSR) - the operator of Dung Quat Refinery for over 16 years.

On April 15, 2025, at Binh Son Refining and Petrochemical Joint Stock Company (BSR), the Steering Committee for the Dung Quat Refinery Upgrade and Expansion Project convened a meeting to review the project’s implementation progress. Mr. Bui Ngoc Duong – Party Committee Secretary, Chairman of the Board of Directors of BSR, and Head of the Project Steering Committee – chaired the meeting.